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Technical Analysis

EURJPY reversing strongly below area of resistance
EURJPY reversing strongly below area of resistance

We’re seeing major resistance below 132.85 (Multiple 50% Fibonacci retracements, horizontal overlap resistance, bearish price action) and a strong reaction could occur at this level. Our...

AUDUSD testing strong resistance!
AUDUSD testing strong resistance!

We’re seeing strong resistance at 0.7698 to 0.7741 (50% Fibonacci retracement, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal swing high...

NZDUSD reversing nicely below major resistance!
NZDUSD reversing nicely below major resistance!

Price is now reversing nicely below our major area of resistance from 0.7042 to 0.7084 (38.2% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance). Our...

GBPUSD testing major area of support!
GBPUSD testing major area of support!

Price is now testing major area of support from 1.3312 to 1.3300 (50% Fibonacci retracement, 76.4% Fibonacci retracement, Horizontal overlap support) and a possible bounce could...

EURJPY drop expected towards key level of support
EURJPY drop expected towards key level of support

We’re seeing major support at 131.73 (Multiple 100% Fibonacci extensions, 61,8% Fibonacci extension, horizontal swing low support) and a possible bounce could occur at this...

EURUSD approaching major support!
EURUSD approaching major support!

We’re seeing major support at 1.1722 to 1.1710 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, 100% Fibonacci extension, horizontal overlap support) and a...